What is Sophisticated Investor?

By Roger 6 January 2021Accountants Certificate, Assets, Highlights, inventments, Sophisticated Investor, wholesale client1 Comment

Sophisticated Investor Generally people buying securities and other financial products must, under the Corporations Act 2001, be given a regulated disclosure document such as a prospectus or product disclosure statement. However,…

Motor vehicle expenses for Business owner

By Roger 26 December 2020Business, 2020 Tax Tips, Assets, business structure, Cars, Company, Deductions, Depreciation, Expenses, Record-Keeping, Tax Tips

Motor vehicle expenses Every business owner would ask: Can I claim my petrol? Or repairs of my car? This information will help you when claiming a deduction for motor vehicle…

Run my business from home – CGT implications and Record-Keeping

By Roger 21 December 2020Business, Assets, business structure, CGT, Company, Deductions, Expenses, Home Office, Individual, Mortgage, Properties, Record-Keeping, Rent, Tax Tips, Trust

What record do you need to keep when running a business from home? What if I sell my property? What's the CGT implications? Records you need to keep You need…

Capital works allowance

By Roger 9 October 20202020 Tax Tips, Assets, Deductions, Depreciation, Renovation

Claiming Capital Works Allowance? Rental Property Depreciation is the most significant non-cash tax deduction for any rental property owner. Capital Allowance and Capital Works are two types of claims of…